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True Religion Apparel Q1 net income increases
May 7, 2012

4 minutes ago, 4:23am (ET) 05/07/2012 Datamonitor True Religion Apparel, Inc, a design-based jeans and jeans-related sportswear brand, has reported that net income attributable to the company for the first quarter ended March 31, 2012 was $10.41 million, or $0.41 per diluted share, compared to $8.98 million, or $0.36 per diluted share, for the first quarter ended March 31, 2011. Net sales for the first quarter ended March 31, 2012 were $106.78 million, compared to $93.76 million for the first quarter ended March 31, 2011. "Our first quarter results were ahead of expectations, primarily due to strong same-store sales

Kellwood Names New CEO
May 7, 2012

Kellwood Company, a leading apparel manufacturer and marketer owned by an affiliate of Sun Capital Partners Inc., today announced the appointment of Jill Granoff as CEO. Granoff brings a vast knowledge of the fashion industry and retailing to the position with over 20 years of brand building and executive leadership experience. As CEO, Granoff will be responsible for the overall growth and direction of Kellwood's diversified portfolio of brands, including Vince, Rebecca Taylor, David Meister, BLK DNM, Zobha, Lamb & Flag, Baby Phat, Phat Farm, Sag Harbor, Briggs NY, Jolt, My Michelle, and XOXO. 

Frederick's of Hollywood Mulls Possible Sale
May 7, 2012

Frederick's of Hollywood announced today that it's retained Allen & Company, a New York-based investment bank, to assist its board of directors in evaluating and exploring a broad range of strategic alternatives, including but not limited to a sale of the company or a business combination.

Bare Necessities and BarePlus Go Digital with New Catalogs for iPads and Internet
May 7, 2012

/PRNewswire/ -- The latest Bare Necessities catalogs are expected to arrive today, but don't rush out to your mailbox hoping to find them. You can get yours as soon as you flip open your iPad.(Photo: photos.prnewswire.com/prnh/20120507/NY02256 ) Sponsored by: Bare Necessities, the leading online destination for brand name bras and lingerie, today launched two new catalogs without printing a single page. The editions are completely digital and designed specifically for a tablet shopping experience. The catalogs are available today via the free Google Catalogs and Catalog Spree tablet apps for both iPad and Android, and can be viewed on

Sears and Outdoor Life to Collaborate on a Branded Lifestyle Apparel Line
May 7, 2012

Sears and Bonnier Corporation's Outdoor Life announced today they've entered a relationship to launch a line of Outdoor Life-branded sportswear for men, available in over 800 Sears stores nationwide and on Sears.com beginning in September. The exclusive collection is being designed with the all-American "guy's guy" in mind, a loyal customer of both iconic brands. The products will combine utility, comfort and quality for the outdoorsman.

Iconix Brand Group Announces Closing Of Joint Venture In India
May 7, 2012

NEW YORK, MAY 7, 2012 /PRNewswire/ -- Iconix Brand Group, Inc. (NASDAQ: ICON) and Reliance Brands Limited, a part of the Reliance Industries Group, the largest private sector company in India, announced today the completion of the formation of their joint venture company in India, Iconix India. The partnership marks the next step in a global expansion strategy for Iconix, which currently has other similar partnerships in Greater China, Europe and Latin America. Iconix India will be based in Mumbai and will follow a similar business model to that of Iconix in North America, which focuses on growing royalty

When is a Map More Than a Map?
May 7, 2012

With over 20 percent of Google searches now containing a location element, rising to over 40 percent of mobile searches, retailers are becoming increasingly focused on using online mapping to their advantage. Google has launched a new site (www.whenisamap.com/retail) aimed at showing the ways in which mapping can be put to work for retailers, and have found it interesting to see the varying ways retailers have chosen to use Google Maps for Business. The site has examples of great implementation, ranging from classic store locators to promoting in-store events to indoor mapping.

Blue Nile Names Engle Saez Chief Marketing Officer
May 7, 2012

(GLOBE NEWSWIRE) -- Blue Nile , the leading online retailer of diamonds and fine jewelry, today announced that Engle Saez has joined the company as Chief Marketing Officer. With more than 20 years of experience, Saez has provided branding, marketing, and product leadership to some of the world's leading retail and consumer brands, including Esprit de Corp, Eddie Bauer, Timberland, Sperry Top-Sider, and Starbucks. Most recently, he served as head of product and marketing at Coinstar, where he was instrumental in the repositioning and growth of the COIN line of business. "Engle is a proven brand builder and marketing

Pension Fund Sues Wal-Mart Over Bribery Scandal
May 7, 2012

The nation's second largest public pension fund is suing Wal-Mart for breaching its fiduciary duty in connection with allegations that the retailer's Mexico subsidiary engaged in a bribery scheme and the company failed to properly investigate and disclose the matter. The California State Teachers' Retirement System (CalSTRS) filed a derivative action against Wal-Mart in the Court of Chancery in Wilmington, Del., where the retailer is incorporated. The suit claims that Wal-Mart's top management and directors were alerted to evidence that Walmart de Mexico executives were involved in the payment of bribes to expedite the expansion of Wal-Mart stores in Mexico.

The Top 5 Ways Luxury Retailers Can Leverage Online Social Influence
May 4, 2012

CEM and other innovative business intelligence tools significantly contribute to what's now known as a brandโ€™s โ€œsocial influence.โ€ This means that brands are no longer talking โ€˜atโ€™ individual recipients, but instead disseminating information through interactive social media platforms.